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Wilmeth Road

Elliott Electric Supply Signs Lease At McKinney Commerce Center With Rockefeller Group As Landlord
LEASEDIndustrial

Elliott Electric Supply Signs Lease At McKinney Commerce Center With Rockefeller Group As Landlord

Building Size

23,538 SF

Asset Type

Industrial

Closing

Nov 18, 2025

AI

An industrial asset consisting of 23,538 square feet is located at Wilmeth Road & US 75 in the McKinney market. The property is part of the McKinney Commerce Center, which is a large industrial project currently under construction, totaling 319,347 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: Wilmeth Road & US 75
  • Market: McKinney
  • Landlord: Rockefeller Group
  • Tenant: Elliott Electric Supply
  • Landlord's Representative: Brett Lewis & Taylor Stell - Lee & Associates
  • Tenant's Representative: Nick Lee - NAI Robert Lynn

Elliott Electric Supply has secured a lease agreement for the aforementioned industrial space. The deal involved representation by Brett Lewis and Taylor Stell from Lee & Associates for the landlord, while Nick Lee from NAI Robert Lynn represented the tenant, facilitating this leasing transaction.

Players

Brett Lewis

Lee & Associates

Broker

13 deals

Broker
NAI Global
NAI GlobalBrokerage
Rockefeller Group
Rockefeller GroupLandlord

Market Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93